Much depends on whether the government can hold its coalition together long enough to pass the legislation. The figures, published on Tuesday, compare with a contraction of 2.1 percent in the same period a year earlier.
Economists expect inflation to ease into single digits by year end if the exchange rate holds. Officials say the measures could take effect before the end of the quarter, although parliament has yet to schedule a vote.
The wider picture
The programme includes technical assistance from the World Bank and a monitoring framework agreed with donors. Regional peers have moved faster, and the gap is becoming harder to ignore, one former adviser said.
“Capital follows credibility, and credibility is finally being rebuilt.”
Analysts caution that the outlook remains tied to the pace of structural reforms and the political calendar. The deal would be the largest of its kind in the country since 2019, according to data compiled by Beirut Financial.
The figures, published on Tuesday, compare with a contraction of 2.1 percent in the same period a year earlier. A spokesperson declined to comment on the size of the facility, citing ongoing discussions with creditors.
The wider picture
Investors have been watching the negotiations closely, with yields on the 2030 notes narrowing by 40 basis points this week. Executives said demand from Gulf clients had exceeded expectations, prompting plans for a second facility in Tripoli.
Remittances remain the single largest source of hard currency, accounting for roughly a fifth of national income. The figures, published on Tuesday, compare with a contraction of 2.1 percent in the same period a year earlier.
Economists expect inflation to ease into single digits by year end if the exchange rate holds. Remittances remain the single largest source of hard currency, accounting for roughly a fifth of national income.
